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McDonald's US same-restaurant sales beat estimates

Sales at the firm's US restaurants open at least 13 months rose 3.9% in the second quarter


McDonald's Corp on Tuesday reported a higher-than-expected rise in quarterly sales at established US restaurants, helped by promotions on beverages as well as the launch of signature crafted sandwiches. Sales at the company's U.S. restaurants open at least 13 months rose 3.9 percent in the second quarter, beating the 3.2 percent increase analysts on average had expected, according to research firm Consensus Metrix. Global same-restaurant sales climbed 6.6 percent, the biggest increase in more than 5 years, helped by higher traffic across all segments, beating the 4 ...

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First Published: Tue, July 25 2017. 19:30 IST